1. Life Insurance Corporation of India (LIC) is holding discussions to acquire a stake in a health insurance company as part of its expansion plans.
  2. The deal, if finalized, will strengthen LIC’s position in the fast-growing health insurance sector in India.
  3. Health insurance demand has surged in recent years, especially post-COVID-19, making it a lucrative sector.

The talks are at a preliminary stage, and the identity of the potential health insurer partner is not disclosed yet.